Insights

Employment intelligence, in long-form.

Deep dives on layoffs, hiring, and the economic signals shaping the workforce. All sourced, verified, and grounded in data... but also opinions.

May 2025 Layoffs Report: 94,000 Job Cuts as Tech and Retail Continue Restructuring

Jun 5, 2025 • 15 min read

Layoff Reports

May 2025 Layoffs Report: 94,000 Job Cuts as Tech and Retail Continue Restructuring

U.S. employers announced 93,816 layoffs in May 2025, down 11% from April but up 47% year-over-year. Major cuts: Panasonic 10,000, Hudson's Bay 8,347, IBM 8,000, Microsoft 6,000. HHS: 10,000 federal…